Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts

Tuesday, October 25, 2011

reed hastings

  • Question:-Netflix stock plummets and Reed Hastings back peddles, will he stop being greedy?
    I read the special letter from Reed Hastings CEO of Netflix...do you think he has learned anything? He's still raising the rates and complicated the system because of his greed by separating the services and our que choice!! He should have said "Some members will likely feel that we shouldn’t split the businesses, and that we shouldn’t rename our DVD by mail service. Our view is with this split of the businesses we'll make a TON of $$ at the expense of the ppl suffering in this eonomy!!"
    Below is the Netflix letter:

    http://www.techhog.com/featured/netflix-ceo-reed-hastings-so-called-apology-and-announcement-of-qwikster-dvd-rentals/

    What is your take on Netflix and the Reed Hastings letter?

    Answer:-I've been a Netflix customer since 2005. Started with the 3 DVD package and kept it for many years. Recently downgraded my account to 1 disk & streaming to save money but still have entertainment. I lost my job 2 years ago and I have to look for way to cut the budget. My teens have always loved the streaming and used it too catch up on TV shows and watch some movies. The movie choices have never been great, but we could always count on the DVD's.

    For all these years I have loved Netflix, raved about it and recommended it to many people. Well, the love affair is over. When they had their recent price increase I wasn't ready for a 60% price increase. So we decided to dump the streaming (subpar service) and keep the DVD. Well, with the arrogance and greed of Hastings, now I just want to dump Netflix completely. I can get movies at Redbox for $1 and streaming from Hulu Plus or Amazon. Netflix has opened my eyes and got me comparison shopping. I'll probably cancel by the end of the month.
  • Question:-Is Reed Hastings a Christian?
    He is the founder and creator of Netflix, is he a Christian though or an atheist, I think I found something about him being a Christian online.

    Answer:-Hastings was born in Boston, Massachusetts.[1] He graduated high school in 1978 from the Buckingham Browne & Nichols School in Cambridge, Massachusetts.[2] His father was a lawyer who once served in the Nixon administration, serving as general counsel in the United States Department of Health, Education, and Welfare.[1] After high school, he spent a year selling Rainbow vacuum cleaners door to door.[1]

    Hastings majored in mathematics at Bowdoin College[3] in Brunswick, Maine, and won its mathematics department's Smyth Prize in 1981,[4] and its Hammond Prize in 1983.[5] Hastings received his bachelor's degree from the college in 1983


    Exodus 20:8-11
  • Question:-HOLY BEANS REED HASTINGS PRESIDENT OF NETFLIX IS DEAD!!!!!?
    He will be forever missed...

    Answer:-What's next...Steve Jobs dying???
  • Question:-Is Netflix CEO "Reed Hastings" his real name?
    I mean...who has a name like that in reality? Is that a made-up name like some cheap porn flick guy from the 70's? What is that? Com'on...are you sure his parents weren't "Lovey" and "Thurston Howl III"?? SERIOUSLY...is that a fake pseudonym? Is his personality like his name? Completely out of touch with the real world...is that why he made this ridiculously huge increase in rates for us?

    Answer:-Of course you wouldn't PHINEAS ARCHEBALD GARRISON IV.

    Ans - Yes to both, Mr. Reed Hastings is his real name & yes, it's a pretentious name (especially if WILMOT is the 1st name) and he certainly is out of touch with how to treat the populace during this financially stressful time and obviously greed-based. No doubt with a name like that a silver spoon who wears his spiffy commodores cap sailing his yummy yacht.
  • Question:-Why don't the rich just pay more taxes?
    Reed Hastings wants a 50% tax on anything over a million. My questions is why does the Super Rich need the Government that they need to pay more. If these people believe that giving more to the Government is the way to go, why don't they just cut them a check? I'm sure the government wouldn't mind the extra money!
    But some what the Government to tax them more. I'm all for lower taxes, but if the Rich want the government to have more why don't they just cut them a check. Nothing is stopping people who want to pay more to pay more.

    Answer:-I understand what you're asking, even if some of the others here don't. You're not in favor of higher taxes for the rich, you want to know why the bigmouths who want higher taxes for the rich don't just voluntarily pay more.

    It's a great question, and one that these liberal free spenders will never give a straight answer to. Because the real motive is not so much to raise more tax revenue. If they really wanted to do that, they would cut taxes, which has been shown time and time again to actually INCREASE revenue due to INCREASED business spending and investment - provided that the there is a corresponding check on government spending, which the liberals do not want. They are perfectly happy to fund their spending by saddling generations to come with borrowed money, ie more debt.

    So why do they do it? Simple. It's called 'Playing the class envy card'. Get as many voters as possible to despise the wealthy - the people that actually take risks and produce and provide jobs - and blame THEM for all of the problems that are actually caused by liberals.
  • Question:-which of these names are better?
    It's kind of for a story. Please only pick one from each section.

    Which last name goes better with the first name Andrew?

    Doherty

    Huntley

    Halliwell

    Wilder

    Mcgowen

    Ashford

    Blackwood

    Wolf

    Waters

    Eastlake

    Howell

    Kingsley

    Miller

    Which last name goes better with the first name Cassie? (Short for Cassaundra)

    Moreburn

    Hastings

    Knight

    Northcot

    Rayner

    Reed

    Wilder

    which of these names is better?

    Malissa London

    Rachel Williams

    Savannah Hunt

    Olivia Summers

    Sophie Augustine

    Victoria Hale

    Charlotte Heywood

    Carolyn Weller

    Samantha Tenbrook

    Angelina Kalmbach

    Katelyn Winterhaven

    If you could suggest some last names that would be great. And some first names but none that will replace Andrew or Cassie.

    Answer:-1 - Andrew Kingsley
    2 - Cassie Knight
    3 - Victoria Hale

    Other Surnames - O'Brien, Williams, Moore, Smith, Walker, Wilson, Johnson, Davidson, Taylor.

    Good Luck :D
  • Question:-Did you ever think TAXES are great?
    Have you ever though about the good aspects of taxes?
    Recently, a group of misguided individuals decided to re-create the Boston Tea Party. Apparently these people are dissatisfied with Obama's tax policy. Now, mind you, we (the middle class the bottom 95%) just received a tax cut. The protesters claim to be protesting the vast government spending. The government is spending massive amounts of money but it is necessary, in order to keep the United States economy out of another Republican Depression! This lesson was learned from the first great depression. So what these Teabaggers as they are called, are protesting, I do not understand.

    The irony in this is that the Boston Tea Party was actually in protest to a tax cut!! In the 1770's tea was very popular. The British East India company exported tea to the then colonies of North America. The British East India company was the most powerfull trans-national corporation in the world. The British government cut the East Indian's company taxes and they were able to provide tea at a reduced rate and they were going to under-cut the domestic merchants of tea. So the local's in the colonies protested by tossing the tea into the sea. In other words, the colonist were protesting the unfair domination by multi-national corporation of the industry. Today, these multi-national corporations are the ones organizing these "tea parties." In reality we need to be protesting the trans-national corporations and the very very wealthy. Also, the protester's in the 1770's were protesting taxation without representation which is a non-issue today because we all have our representatives in congress.

    Ronald Reagan raised our taxes but I didn't see these people protest then. Ronald Reagan typically receives credit for dropping taxes which he did for the top 5% ( drop the tax rate from 71% to 39%.) But for the rest of us in the middle class he doubled our Social Security Tax.

    Obama does plan to raise taxes but not on the middle class but rather on the top 5%. The protest was organized by such people as Newt Gingrich (FORMER Republican leader) which is known as a person who looks out for national corporations such as the oil companies and the very wealthy and Dick Armey, a known lobbyist. You see taxes are not our enemy. In fact taxes really don't matter at all to the middle class. If the taxes on the middle class increase then so will our wages. On the other hand if our taxes decrease so will our wages, because employers know what we are willing to work for. But taxes do matter to the top 5% because they do truly have more money if the government drops taxes. This is why the rich and corporations have waged war on taxes because they don't want to pay them.

    On February 6, 2009, Reed Hasting the CEO of a publicly traded company asked Obama to raise his taxes in an OP-ED piece in the N.Y. Times. In his article Hastings mention the fact that the government and media have attempted to minimize executive pay by shaming executives or limiting the amount of compensation and executive can receive. He says that neither of them work and that raising taxes would be more effective. Hastings then points out the fact that because other companies are paying such huge compensation every company feels obligated to do so also, to attract talent. He says that the solution is to raise everyone's taxes to prevent this phenomenon. He also states that this problem exists with hedge fund managing, professional athletes, movie stars and venture capitalist.

    I strongly agree with him. Taxes are a good thing. Taxes are what pays for things that we absolutely need such as courts, fire departments, infrastructure and police departments! Also, on the individual level if we get national health care it is worth having our taxes increased slightly because our health care system is broken. Our health care system sucks! It is not fair to have a CEO earns billions of dollars a year and deny people health insurance, coverage!

    I know that it is easy to hate taxes you look at your check, income or tax bill and you say man that is a lot of money but think what am I getting for this, ,schools, the FDA, streets, courts, police etc etc etc. Additionally when government is well run you mind less. When government sucks it hurts more to pay. Also taxes stabilize the economy because it keeps people from acquiring massive amounts of wealth and prevents massive speculation in markets.

    Our founding fathers fought against such accumulation of wealth because its is toxic to DEMOCRACY!!!!!

    It's easy to demagogue the issue because you don't like paying but stop for a moment and think.

    Answer:-taxes n death r the 2 things ur gauranteed
  • Question:-Are you going to vote out your representative who voted yes on the bailout?
    Class II - Senators Whose Terms of Service Expire in 2009
    Alexander (R-TN)
    Baucus (D-MT)
    Biden (D-DE)
    Chambliss (R-GA)
    Coleman (R-MN)
    Collins (R-ME) Cornyn (R-TX)
    Craig - Retiring (R-ID)
    Domenici - Retiring (R-NM)
    Durbin (D-IL)
    Graham (R-SC)
    Hagel - Retiring (R-NE) Harkin (D-IA)
    Kerry (D-MA)
    Lautenberg (D-NJ)
    Levin (D-MI)
    McConnell (R-KY)
    Pryor (D-AR) Reed (D-RI)
    Rockefeller (D-WV)
    Stevens (R-AK)
    Sununu (R-NH)
    Warner - Retiring (R-VA)



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    Class III - Senators Whose Terms of Service Expire in 2011
    Bennett (R-UT)
    Bond (R-MO)
    Boxer(D-CA)
    Burr(R-NC)
    Coburn (R-OK)
    Dodd (D-CT) Grassley (R-IA)
    Inouye (D-HI)
    Isakson (R-GA)
    Leahy (D-VT)
    Lincoln (D-AR)
    Martinez (R-FL) McCain (R-AZ)
    Mikulski (D-MD)
    Murkowski (R-AK)
    Murray (D-WA)
    Obama (D-IL)
    Reid (D-NV) Salazar (D-CO)
    Schumer (D-NY)
    Specter (R-PA)
    Thune (R-SD)
    Voinovich (R-OH)



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    Class I - Senators Whose Terms of Service Expire in 2013
    Akaka (D-HI)
    Bayh (D-IN)
    Bingaman (D-NM)
    Brown (D-OH)
    Byrd (D-WV)
    Cardin (D-MD)
    Carper(D-DE)
    Casey (D-PA)
    Clinton (D-NY)
    Conrad (D-ND) Corker (R-TN)
    Domenici (R-NM)
    Ensign (R-NV)
    Feinstein (D-CA)
    Gregg (R-NH)
    Hatch (R-UT)
    Hutchison (R-TX)
    Klobuchar (D-MN)
    Kohl (D-WI)
    Kyl (R-AZ) Lieberman (ID-CT)
    Lugar (R-IN)
    McCaskill (D-MO)
    Menendez (D-NJ)
    Nelson (D-NE)
    Smith (R-OR)
    Snowe (R-ME)
    Warner (R-VA)
    Webb(D-VA)
    Whitehouse (D-RI)

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    Members of the House Who Voted Yes
    Abercrombie (D-HI)
    Ackerman (D-NY)
    Alexander (R-LA)
    Allen (D-FL) Retired
    Andrews (D-NJ)
    Baca (D-CA)
    Bachus (R-AL)
    Baird (D-WA)
    Baldwin (D-WI)
    Barrett (D-SC)
    Bean (D-IL)
    Berkley (D-NV)
    Berman (D-CA)
    Berry (D-AR)
    Biggert (D-IL)
    Bishop (D-GA)
    Bishop (D-NY)
    Blunt (R-MO)
    Boehner (R-OH)
    Bonner (R-AL)
    Bono Mack (R-CA)
    Boozman (R-AR)
    Boren (D-OK)
    Boswell (D-IA)
    Boucher (D-VA)
    Boustany (R-LA)
    Boyd (D-FL)
    Brady (D-PA)
    Brady (R-TX)
    Braley (D-IA)
    Brown (R-SC)
    Brown, Corrine (D-FL)
    Buchanan (R-FL)
    Calvert (R-CA)
    Camp (R-MI)
    Campbell (R-CA)
    Cannon (R-UT) Retired
    Cantor (R-VA)
    Capps (D-CA)
    Cardoza (D-CA)
    Carnahan (D-MO)
    Carson (D-IN)
    Castle (R-DE)
    Clarke (R-NY)
    Cleaver (D-MO)
    Clyburn (D-SC)
    Coble (R-NC)
    Cohen (D-TN)
    Cole (R-OK)
    Conaway (R-TX)
    Cooper (D-TN)
    Costa (D-CA)
    Cramer (D-AL) Retired
    Crenshaw (R-FL)
    Crowley (D-NY)
    Cubin (R-WY) Retired
    Cuellar (D-TX)
    Cummings (D-MD)
    Davis (D-AL)
    Davis (D-CA)
    Davis (D-IL)
    Davis (R-VA) Retired
    DeGette (D-CO)
    DeLauro (D-CT)
    Dent (R-PA)
    Dicks (D-WA)
    Dingell (D-MI)
    Donnelly (D-IN)
    Doyle (D-PA)
    Dreier (R-CA)
    Edwards (D-MD)
    Edwards (D-TX)
    Ehlers (R-MI)
    Ellison (D-MN)
    Ellsworth (D-IN)
    Emanuel (D-IL)
    Emerson (R-MO)
    Eshoo (R-CA)
    Etheridge (D-NC)
    Everett (R-AL) Retired
    Fallin (R-OK)
    Farr (R-CA)
    Fattah (D-PA)
    Ferguson (R-NJ) Retired
    Fossella (R-NY) Foster (D-IL)
    Frank (D-MA)
    Frelinghuysen (R-N)
    Gerlach (R-PA)
    Giffords (D-AZ)
    Gilchrest (R-MD)
    Gonzalez (D-TX)
    Gordon (D-TN)
    Granger (R-TX)
    Green (D-TX)
    Gutierrez (D-IL)
    Hall (D-NY)
    Hare (D-IL)
    Harman (D-CA)
    Hastings (D-FL)
    Herger (R-CA)
    Higgins (D-NY)
    Hinojosa (D-TX)
    Hirono (D-HI)
    Hoekstra (R-MI)
    Holt (D-NJ)
    Honda (D-CA)
    Hooley (D-OR)
    Hoyer (D-MD)
    Inglis (R-SC)
    Israel (D-NY)
    Jackson (D-IL)
    Jackson-Lee (D-TX)
    Johnson (D-TX)
    Kanjorski (D-PA)
    Kennedy (D-RI)
    Kildee (D-MI)
    Kilpatrick (D-MI)
    Kind (D-WI)
    King (R-NY)
    Kirk (R-IL)
    Klein (D-FL)
    Kline (R-MN)
    Knollenberg (R-MI)
    Kuhl (D-NY)
    LaHood (R-IL)
    Langevin (D-RI)
    Larsen (D-WA)
    Larson (D-CT)
    Lee (D-CA)
    Levin (D-MI)
    Lewis (R-CA)
    Lewis (D-GA)
    Lewis (R-KY) Retired
    Loebsack (D-IA)
    Lofgren (D-CA)
    Lowey (D-NY)
    Lungren (R-CA)
    Mahoney (D-FL)
    Maloney (D-NY)
    Markey (D-MA)
    Marshall (D-GA)
    Matsui (D-CA)
    McCarthy (D-NY)
    McCollum (D-MN)
    McCrery (R-La) Retired
    McGovern (D-MA)
    McHugh (R-NY)
    McKeon (R-CA)
    McNerney (D-CA)
    McNulty (d-NY)
    Meek (D-FL)
    Melancon (D-LA)
    Miller (R-CA)
    Miller (D-CA)
    Mitchell (D-NC)
    Mollohan (D-WV)
    Moore (D-KS)
    Moore (D-WI)
    Moran (D-VA)
    Murphy (D-CT)
    Murphy (D-PA)
    Murtha (D-PA)
    Myrick (R-NC)
    Nadler (D-NY)
    Neal (D-MA)
    Obey (D-WI)
    Olver (D-MA)
    Ortiz (D-TX)
    Pallone (D-NJ) Pascrell (D-NJ)
    Pastor (D-AZ)
    Pelosi (D-CA)
    Perlmutter (D-CO
    Peterson (R-PA) Retired
    Pickering (R-MS)
    Pomeroy (D-ND)
    Porter (R-NV)
    Price (D-NC)
    Pryce (R-OH) Retired
    Putnam (R-FL)
    Radanovich (R-CA)
    Rahall (D-WV)
    Ramstad (R-MN) Retired
    Rangel (D-NY)
    Regula (D-OH) Retired
    Reyes (D-TX)
    Reynolds (R-NY) Retired
    Richardson (D-CA)
    Rogers (R-AL)
    Rogers (R-KY)
    Ros-Lehtinen (R-FL)
    Ross (D-AR)
    Ruppersberger (D-MD)
    Rush (D-NJ)
    Ryan (D-OH)
    Ryan (R-WI)
    Sarbanes (D-MD)
    Saxton (R-NJ) Retired
    Schakowsky (D-IL)
    Schiff (D-CA)
    Schmidt (R-OH)
    Schwartz (D-PA)
    Scott (D-GA)
    Sessions (R-TX)
    Sestak (D-PA)
    Shadeg

    Answer:-no.
  • Question:-Can anyone find Obama's name in this list?
    These were the people who voted against the authorized use of force in Iraq, I have looked over and over and I can't find Obama anyone see it?

    Daniel Akaka (D-Hawaii)
    * Jeff Bingaman (D-New Mexico)
    * Barbara Boxer (D-California)
    * Robert Byrd (D-West Virginia)
    * Lincoln Chaffee (R-Rhode Island)
    * Kent Conrad (D-North Dakota)
    * Jon Corzine (D-New Jersey)
    * Mark Dayton (D-Minnesota)
    * Dick Durbin (D-Illinois)
    * Russ Feingold (D-Wisconsin)
    * Bob Graham (D-Florida)
    * Daniel Inouye (D-Hawaii)
    * Jim Jeffords (I-Vermont)
    * Ted Kennedy (D-Massachusetts)
    * Patrick Leahy (D-Vermont)
    * Carl Levin (D-Michigan)
    * Barbara Mikulski (D-Maryland)
    * Patty Murray (D-Washington)
    * Jack Reed (D-Rhode Island)
    * Paul Sarbanes (D-Maryland)
    * Debbie Stabenow (D-Michigan)
    * The late Paul Wellstone (D-Minnesota)
    * Ron Wyden (D-Oregon)

    Neil Abercrombie (D-Hawaii) Tom Allen (D-Maine) Joe Baca (D-California) Brian Baird (D-Washington) John Baldacci (D-Maine, now governor of Maine) Tammy Baldwin (D-Wisconsin) Gresham Barrett (R-South Carolina) Xavier Becerra (D-California) Earl Blumenauer (D-Oregon) David Bonior (D-Michigan, retired from office) Robert Brady (D-Pennsylvania) Corinne Brown (D-Florida) Sherrod Brown (D-Ohio)

    Lois Capps (D-California) Michael Capuano (D-Massachusetts) Benjamin Cardin (D-Maryland) Julia Carson (D-Indiana) William Clay, Jr. (D-Missouri) Eva Clayton (D-North Carolina, retired from office) James Clyburn (D-South Carolina) Gary Condit (D-California, retired from office) John Conyers, Jr. (D-Michigan) Jerry Costello (D-Illinois) William Coyne (D-Pennsylvania, retired from office) Elijah Cummings (D-Maryland)

    Susan Davis (D-California) Danny Davis (D-Illinois) Peter DeFazio (D-Oregon) Diana DeGette (D-Colorado) Bill Delahunt (D-Massachusetts) Rosa DeLauro (D-Connecticut) John Dingell (D-Michigan) Lloyd Doggett (D-Texas) Mike Doyle (D-Pennsylvania) John Duncan, Jr. (R-Tennessee)

    Anna Eshoo (D-California) Lane Evans (D-Illinois) Sam Farr (D-California) Chaka Fattah (D-Pennsylvania) Bob Filner (D-California) Barney Frank (D-Massachusetts) Charles Gonzalez (D-Texas) Luis Gutierrez (D-Illinois)
    Alice Hastings (D-Florida) Earl Hilliard (D-Alabama, retired from office) Maurice Hinchey (D-New York) Ruben Hinojosa (D-Texas) Rush Holt (D-New Jersey) Mike Honda (D-California) Darlene Hooley (D-Oregon) John Hostettler (R-Indiana) Amo Houghton (R-New York, retired from office) Jay Inslee (D-Washington)


    Jesse Jackson, Jr. (D-Illinois) Sheila Jackson-Lee (D-Texas) Eddie Bernice Johnson (D-Texas) Stephanie Tubbs Jones (D-Ohio) Marcy Kaptur (D-Ohio) Dale Kildee (D-Michigan) Carolyn Cheeks Kilpatrick (D-Michigan) Jerry Kleczka (D-Wisconsin, retired from office) Dennis Kucinich (D-Ohio)

    John LaFalce (D-New York) James Langevin (D-Rhode Island) Rick Larsen (D-Washington) John Larson (D-Connecticut) Jim Leach (R-Iowa) Barbara Lee (D-California) Sandy Levin (D-Michigan) John Lewis (D-Georgia) Bill Lipinski (D-Illinois,retired from office) Zoe Lofgren (D-California)

    James Maloney (D-Connecticut, retired from office) The late Robert Matsui (D-California) Karen McCarthy (D-Missouri, retired from office) Betty McCollum (D-Minnesota) Jim McDermott-D-Washington) Jim McGovern (D-Massachusetts) Cynthia McKinney (D-Georgia) Carrie Meek (D-Florida, retired from office) Gregory Meeks (D-New York) Robert Menendez (D-New Jersey) Juanita Millender-McDonald (D-California) George Miller (D-California) Alan Mollohan (D-West Virginia) Jim Moran (D-Virginia) Connie Morella (D-Maryland)

    Jerrold Nadler (D-New York) Grace Napolitano (D-California) Richard Neal (D-Massachusetts) Jim Oberstar (D-Minnesota) David Obey (D-Wisconsin) John Olver (D-Massachusetts) Major Owens (D-New York)
    Frank Pallone, Jr.

    (D-New Jersey) Ed Pastor (D-Arizona) Ron Paul (R-Texas) Donald Payne (D-New Jersey) Nancy Pelosi (D-California) David Price (D-North Carolina) Nick Rahall (D-West Virginia) Charles Rangel (D-New York) Silvestre Reyes (D-Texas) Lynn Rivers (D-Michigan, retired from office) Ciro Rodriguez (D-Texas, retired from office) Lucille Roybal-Allard (D-California) Bobby Rush (D-Illinois)

    Martin Olav Sabo (D-Minnesota) Loretta Sanchez (D-California) Bernie Sanders (I-Vermont) Thomas Sawyer (D-Ohio) Jan Schakowsky (D-Illinois) Bobby Scott (D-Virginia) Jose Serrano (D-New York) Louise Slaughter (D-New York) Vic Snyder (D-Arkansas) Hilda Solis (D-California) Pete Stark (D-California) Ted Strickland (D-Ohio) Burt Stupak (Michigan)

    Mike Thompson (D-California) Bennie Thompson (D-Mississippi) John Tierney (D-Massachusetts) Edolphus Towns (D-New York) Mark Udall (D-Colorado) Tom Udall (D-New Mexico)

    Nydia Velaquez (D-New York) Pete Visclosky (D-Indiana) Maxine Waters (D-California) Diane Watson (D-California) Melvin Watt (D-North Carolina) Lynn Woolsey (D-California) David Wu (D-Oregon)

    Alabama Rep Earl Hilliard

    Arizona Rep Ed Pastor

    Arkansas Rep Vic Snyder

    California Sen Barbara Boxer- Rep Joe Baca- Rep Xavier Becerra- Rep Lois Capps- Rep Gary Condit- Rep Susan Davis- Rep Anna Eshoo- Rep Sam Farr- Rep Bob Filner- Rep Mike Honda- Rep Barbara Lee- Rep Zoe Lofgren- the late Rep Robert Matsui- Rep Juanita Millender-McDonald- Rep George Miller- Rep Grace Napolitano- Rep Nancy Pelosi- Rep Lucille Roybal-Allard- Rep Loretta Sanchez- Rep Hilda Solis- Rep Pete Stark- Rep Mike Thompson- Rep Maxine Waters- Rep Diane Watson- Rep Lynn Woolsey

    Colorado Rep Diana DeGette- Rep Mark Udall

    Connecticut Rep Rosa DeLaura- Rep John Larson- Rep James Maloney

    Florida Sen Bob Graham- Rep Corinne Brown- Rep Alice Hastings- Rep Carrie Meek

    Georgia Rep John Lewis- Rep Cynthia McKinney

    Hawaii Sen Daniel Akaka- Sen Daniel Inouye- Rep Neil Abercrombie

    Illinois Sen Dick Durbin- Rep Jerry Costello- Rep Danny Davis- Rep Lane Evans- Rep Luis Gutierrez Rep Jesse Jackson, Jr- Rep Bill Lipinski- Sen Bobby Rush- Rep Jan Schakowsky

    Indiana Rep Julia Carson- Rep John Hostettler- Rep Pete Viscloskey

    Iowa Rep Jim Leach

    Maine Rep Tom Allen- Rep John Baldacci

    Maryland Sen Barbara Mikulski- Sen Paul Sarbanes- Rep Benjamin Cardin- Rep Elijah Cummings- Rep Connie Morella

    Massachusetts Sen Ted Kennedy- Rep Michael Capuano- Rep Bill Delahunt- Rep Barney Frank- Rep Jim McGovern- Rep Richard Neal- Rep John Olver- Rep John Tierney

    Michigan Sen Carl Levin- Sen Debbie Stabenow- Rep David Bonior- Rep John Conyers, Jr- Rep John Dingell- Rep Dale Kildee- Rep Carolyn Cheeks Kilpatrick- Rep Sandy Levin- Rep Lynn Rivers- Rep Burt Stupak

    Minnesota Sen Mark Dayton- the late Sen Paul Wellstone- Rep Betty McCollum- Rep Jim Oberstar- Rep Martin Olav Sabo

    Mississippi Rep Bennie Thompson

    Missouri Rep William Clay, Jr- Rep Karen McCarthy

    New Jersey Sen Jon Corzine- Rep Rush Holt- Rep Robert Menendez- Rep Frank Pallone, Jr- Rep Donald Payne

    New Mexico Sen Jeff Bingaman- Rep Tom Udall

    New York Rep Maurice Hinchey- Rep Amo Houghton- Rep John LaFalce- Rep Gregory Meeks- Rep Jerrold Nadler- Rep Major Owens- Rep Charles Rangel- Rep Jose Serrano- Rep Louise Slaughter- Rep Edolphus Towns- Rep Nydia Velaquez

    North Carolina Rep Eva Clayton- Rep David Price- Rep Melvin Watt

    North Dakota Sen Kent Conrad

    Ohio Rep Sharrod Brown- Rep Stephanie Tubbs Jones- Rep Marcy Kaptur- Rep Dennis Kucinich- Rep Thomas Sawyer- Rep Ted Strickland

    Oregon Sen Ron Wyden- Rep Earl Blumenauer- Rep Peter DeFazio- Rep Darlene Hooley- Rep David Wu

    Pennsylvania Rep Robert Brady- Rep William Coyne- Rep Mike Doyle- Rep Chaka Fattah

    Rhode Island Sen Lincoln Chaffee- Sen Jack Reed- Rep James Langevin

    South Carolina Rep Gresham Barrett- Rep James Clyburn

    Tennessee Rep John Duncan, Jr

    Texas Rep Lloyd Doggett- Rep Charles Gonzalez- Rep Ruben Hinojosa- Rep Sheila Jackson-Lee- Rep Eddie Bernice Johnson- Rep Ron Paul- Rep Silvestre Reyes- Rep Ciro Rodriguez

    Vermont Sen Jim Jeffords- Sen Patrick Leahy- Rep Bernie Sanders

    Virginia Rep Jim Moran- Rep Bobby Scott

    Washington Sen Patty Murray- Rep Jay Inslee- Rep Rick Larsen- Rep Jim McDermott

    Washington DC Rep Brian Baird

    West Virginia Sen Robert Byrd- Rep Alan Mollohan- Rep Nick Rahall

    Wisconsin Sen Russ Feingold- Rep Tammy Baldwin- Rep Jerry Kleczka- Rep David Obey
    If I am overlooking it someone please point where it is! Thanks!
    I don't understand why is Obama not on the list, all these people took a stand since day one! WHY can't I find his name, I am so disappointed!
    Dave, these people on THAT day took a position, anyone can say anything to the contrary now, like take the popular position, but is that the SAME as voting THAT DAY with the info you have? Maybe that Dennis K. should be the nominee he is on the list! FROM DAY ONE!
    He is trying to have his cake and eat it too, he did not campaign for a seat in the US Senate until 2 years after the war began, at that point anyone knew it was not a good war!
    no where am I a Hillary supporter, she is better than Obama but neither will beat McCain!

    Answer:-No he's not on there he's a shyster double-talking lawyer, inexperienced candidate, and vicious manipulator, who should prove himself in the Senate, not use his deep pockets to smear Hillary 24/7 and undermine a Democrat win!

    Great Question and Documentation ;-)

Wednesday, October 19, 2011

flat tax

  • Question:-Flat tax???!?!?!?
    I need reasons that we should switch to a flat tax system....and what the benefits would be of this switch...

    Answer:-Well a flat tax certainly would be fair. The poorest person would pay at the same rate as Bill Gates and Warren Buffet. It would be simple because all income would be subject to tax and there would be no deductions.

    But would it be a workable system? When the average middle class or poor taxpayer finds out his taxes are going up and taxes for the rich are going down, what do you think? Is it fair that a single mom with 2 children making $15000 a year who with the EIC pays no taxes now be able to make ends meet when she suddenly has to pay income tax? Is it fair that some with Social Security or a VA pension as their only income have to pay income tax? Why shouldn't some one who is rich not have to pay a higher rate than a middle class family? After all, hasn't this country been good to them?

    There is a flat tax proposal out there called the fair tax that is similar to what you are asking about. It proposes that all income be free of tax and instead a 30% sales tax be added to nearly every retail purchace. I don't like it because it is bad for the poor, families, the middle class, Social Security recieients and nearly everyone except the rich.

    By the way a flat tax won't make the IRS any smaller because some one still has to collect a flat tax or fair tax or what ever system we decide on.
  • Question:-Flat Tax???
    What is flat tax? and how does flat tax adversely affect the middle class?

    Answer:-A flat tax would replace the current system with a single percentage for everyone. Right now, the system increases as income increases. For example, you only pay 10% tax on the first $10,000, then you pay 15% on the next $10,000. A flat tax would make it a single percentage, say 20%, for the full $20,000. Since the highest tax bracket is 35%, a flat tax would need to lower to avoid seriously harming low income people. This would allow for the wealthiest to receive huge tax breaks over the current system.
  • Question:-flat tax...?
    what are the pros and cons of a national flat tax?

    Answer:-There are only CONS because a "Flat tax" or a "Fair Tax" would be anything BUT "fair." It would greatly benefit the very RICHEST of Americans and the very poorest Americans, but everyone else in the middle would feel the greatest squeeze.

    By way of contrast, most states that have sales taxes have roughly a 50 percent tax base. With the FairTax’s 100 percent base, consumers would pay taxes on a great many things that may not intuitively seem like consumption. The list would include:
    Purchases of new homes
    Rent
    Interest on credit cards, mortgages and car loans
    Doctor bills
    Utilities
    Gasoline (30 percent in addition to current taxes, which would not be repealed)
    Legal fees

    At today’s prices, gasoline would cost almost $1 per gallon more. A $150,000 new home would run $195,000 – plus the 30 percent tax that the buyer would pay on the interest on the mortgage. In short, the FairTax taxes everything that one buys, with the one notable exception of education. Any exceptions to the tax base (for instance, eliminating rent or credit card interest from the tax base) would require an offsetting increase in the rate.

    When Athens was ruled by dictators, an era we now call tyranny, each person paid the same tax. This levy was an onerous burden for nearly all except the rich. Thinking about this tax burden eventually gave birth to the moral basis of tax- the more and individual gains from living in a civilized society, the greater his obligation to maintain that society with his taxes.

    Here's a little homework for you all. Visit a "fair" tax or "flat" tax website such as fairtax.org, visit their "about us" section and then google the founders of that organization. Just about ALL of them are BILLIONAIRES. Now ask yourself "Would a billionaire REALLY want "fair" taxation or just taxation that helps THEM out?" I think we ALL know the answer to that one...
  • Question:-How would a flat tax system improve the economy ?
    Recently I asked how people felt about a national sales tax to replace the current IRS system of payroll/income taxes. Someone mentioned a flat tax system - I was wondering how a flat tax system could benefit the working poor and the middle class ? Would it be better for them , or would it just save the rich more money ?

    Answer:-we would still have the IRS - no improvement

    the original Income Tax WAS a flat tax - but congress changed that - no improvement

    in 1986 they tried a three tiered flat tax - but congress puts in 4000 changes a year - no improvement

    guess it's time for the FAIRTAX and get rid of the IRS

    BIG IMPROVEMENT

    takes 3% of our Gross Domestic Product just to comply with IRS regulations and rules (that's gross)

    takes us 24-30 hours just to prepare our taxes - and if we make a mistake - OH how we are liable!!!

    so let's all pay at the cash register! ALL! and all Americans will get a tax 'prebate' since we dop not pay on the poverty level of taxes.

    so for me - about $26k salary - would get 28% MORE take home pay including the prebate.

    It would bring in more taxes 1.4 trillion would go up to 2 trillion
    would pay for Social Security and Medicare and the Federal Govt

    And all would pay - even the visitors to the US!
    **************************************************
    11 Trillion $$$$ comes home from overseas savings banks
    ***************************************************
    our goods cost 20% less overseas (and here) which should increase our economy WOWOWOWOWOWOW
    ***************************************************

    but we will lose our home mortgage deduction (dangle the carrot)
    uhhhhhhhh remember Boss Hogg? 10% of 10% of 10%
    sounds like a lot
    butttttttttttttttttttttttttttttttttttttttttttttttttttttttt
    only 45 % of taxpayers file a schedule A -
    Anddddddddddddddddddddddddd
    we can only claim that amount over the 10,000 that IRS now
    gives us -
    annnnnnddddddddd
    we only get to keep the percentage that we go over that 10k
    soooooooooo would I rather have the 2% I might get back

    or the 28 % sure thing

    wow - I am really confused - 2 or 28 - - - - - - - - -

    let me have the cart load of carrots - and you can keep the one!

    all the best
  • Question:-What are the cons of a flat tax amongst businesses?
    If we had a flat tax on all business income instead of the sales tax we have today, would we generate more income? I admit I do not know a lot about our business income tax laws, but what do you think?

    Answer:-I agree you don't know a lot about business income taxes.
    Business pay income tax, not a sales tax. They might pay sales taxes on items they consume, but for the most part, consumers pay the sales tax.

    The impact of a flat tax on business would of course depend on the rate. After all, there's a big difference between paying a 5% rate and a 55% rate. The first would bring joy, the second, many bankruptcies.
  • Question:-Why would any person earning an average wage support a flat tax?
    Just to give you an idea of flat tax. The UKIP wants it in the UK. They advocate a flat tax of 33% for all incomes. Of course very low income earners may benefit from this as they may be bumped off the tax system, however the average wage tax bracket in the uk is 22% and the top bracket is 40%. So essentially a flat tax would give the normal workers a 11% tax hike and the rich a 7% tax cut. Why would anyone on a normal wage support ideas like this?

    Answer:-Because they're too stupid to see the sense of what you say? There have been many fringe nut cases in Australia who have suggested this sort of tax too...(in fact some of those fringe nut cases used to run the country under Howard). Pauline Hanson was another who thought flat tax was a great idea. She also thought Aboriginals were all cannibals, but that's another story.

    And you would be amazed at how many on an average wage thought it was a good idea.

    They get told that if they work hard and earn more they will be better off under this system and that if the progressive tax system stays when their wages rise they will lose most of it to the tax man.

    And as I said they are stupid enough to believe it. They are also stupid enough to believe that hard work will get them the high wages. But no matter how hard you work on a process line, you're never going to be in the top marginal tax bracket, are you?
  • Question:-Proponents of a flat tax believe that tax revenues can actually rise even when the flat tax is lower than curr?
    Proponents of a flat tax believe that tax revenues can actually rise even when the flat tax is lower than current income tax rates. How could this happen and why? What's your position on this issue?

    Answer:-Many proponents of the flat tax start at an income level which exempts minimum wage earners. Dependents are the only variable exemption. There are no interest payments, house taxes, sales taxes earned income credits or any other deductions. That net amount is subject to a flat tax rate and everyone pays. I like the idea and feel that the person who earns the most should keep the most. Even in the Communist society those in the know had all the benefits.
  • Question:-Is the flat tax a liberal or conservative value?
    I can see great benefits in controlling the writeoffs that the rich use a corporate welfare. But the rate should be 25% not 17%. Are there any others liberals that support the flat tax?

    Answer:-IM GOING TO GIVE WALLSTREET MORE TAX CUTS AND BONUSES
  • Question:-Would a flat tax bring in more revenue for the government?
    I am under the impression that there is a large portion of our society that pays no income tax at all. In fact, my neighbor worked six months out of the year last year and got back more than she paid in? Would a flat tax, along with the elimination of the IRS, bring in more revenue than our current system? Has anyone done any studies on this, and could you provide a link?

    Answer:-Absolutely not. The vast majority of our country's money is grouped with the richest 1% of the country. Increasing taxes among the poor will barely increase revenue and will just put them in a worse position. In the meantime, a flat tax would reduce taxes for the rich, which would drastically reduce revenue. Btw, about 40-50% of people pay no federal income tax. They still pay a myriad of other taxes to federal, state, and local taxes.
  • Question:-Why wouldn't lowering the corporate tax as well as a flat tax for Americans work?
    I don't understand why Corporate taxes are so high?
    Why wouldn't a flat tax for Americans work?
    Why not lower the taxes to a bare minimum on the money offshore so It will come back to the USA?
    Why not do double back flips for small businesses.
    What am I missing here?

    Answer:-Serious questions take many words to provide a serious answer.

    A flat tax would be devastating to the middle and lower classes and the very wealthy would welcome it because their tax rates would fall even more.

    CONSIDER THIS: If you tinker with the WAY we collect taxes WITHOUT CHANGING THE TOTAL REVENUE, do you possibly think that the wealthy would pay more while giving tax relief to the working class? I doubt any reform does that.

    Dick Armay's flat tax plan only considered wages, salaries, and pensions as income, while all other wealth transfer, such as investment and business income completely escaped taxation.

    Warren Buffet, the wealthiest man in America, says that his secretary pays taxes at a higher rate than him. There are some honest rich people who recognize the already unfair tax system. Flat tax systems or VATs are not the answer.

    Over the past 30 years, Republicans have convinced the public that they should be grateful to the wealthy for thier jobs, proclaiming that without a rich investor there would be no jobs. But that could not be further from the truth. Without workers there would be no wealthy. They claim expiration of a tax cut on the wealthiest 3% would be a job killer. Michael Steele and fellow Republicans fail to show us how. Will Republicans hide their money in their mattresses after the tax increase or will they continue seeking the highest investment returns possible?

    I'll tell you about the injustice of the American tax system. The working class pays more in taxes than the investment class.

    Workers pay a marginal rate of 40.3% (25% federal, 15.3% FICA)

    The wealthy investment class pays a marginal rate of 15% (15% capital gains taxes, near 0% Social Security and Medicare).

    Ask yourself why workers are taxed at nearly triple the rate of investors.

    There are just four ways to create wealth:

    1. Sell natural resources, such as animal, vegetable, and mineral
    2. Labor
    3. Intellectual and creative invention
    4. Exploit someone else's efforts from no's 1-3 above

    Of all these, #4 gets treated most favorably by our tax system. Investors create nothing of value.

    The wealthy cannot make money off their investments without someone to raise the livestock, pick the crops, or mine the copper. They cannot make money without workers. Their investments will not grow without inventors designing products or writing movie scripts.